Be it in Bengaluru, Mumbai, Ahmedabad or just any other pulsating city in India, there has been a large and continuing surge of foreign investment flow in real estate sectors. Given this, the scenario for this important investment asset has remained a favorable one for property buyers and profitable investment opportunity seekers. For instance, investors looking for apartments in Jakkur or other coveted residential real estate locations in metropolises have attracted up to 56% of overall investments in the first two quarters of 2017 itself!
High-quality and well-conceived residential projects, say the luxury and affordable apartments in Yelahankaand other townships across India, have managed to garner investments amounting to Rs. 9,000 crores in the said period. This is almost 50 percent more than the funds fetched by commercial projects in the country this year. A large portion of these investments are inclusive of debt and equity investments by both foreign and domestic investors and institutions. These figures speak volumes of the increasing confidence of institutional investors in the face of ongoing and recent policy reforms.
The most prominent policy changes have been in terms of Goods and Services Tax (GST) and Real Estate (Regulation and Development) Act, 2016 (RERA). Alongside, the Benami Property Act and results of demonetization are laying down big promises for residential real estate dealings becoming more fetching and transparent than ever before.
With a bullish demand-supply situation in the offing, more and more equity-oriented deals are making their presence felt in the real estate sector. This is good news as it showcases that homebuyers’ affordability is at an all-time high and there is revived demand for housing.
Apartments in Hebbal and other places in Bengaluru are ranking high on the charts of investors looking for lucrative deals in the upcoming festive season. There are plentiful housing project launches and near-to-completion residential projects that are attracting Indian and global investors in current times.
Are you ready to jump on the bandwagon and make some sound investments in Bangalore? Get set to explore the residential, commercial and land development spaces created by Arvind Smartspaces. Built on the 80 years old sound legacy of the reputed Lalbhai Group, the Company was established in year 2009. You are likely to find the home of your dreams at Arvind Smartspaces – go for it!